| Product Code: ETC7915787 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a shift in its mobile air compressor import market, with top exporters being Germany, Sweden, Ukraine, UK, and Italy. The market showed a significant decrease in concentration from 2023 to 2024, indicating a more diversified import landscape. Despite a negative CAGR of -4.58% from 2020 to 2024, the growth rate in 2024 saw a steep decline of -66.31%. This suggests a challenging year for the mobile air compressor import industry in Latvia, emphasizing the need for strategic adaptations and market analysis in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Mobile Air Compressor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mobile Air Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mobile Air Compressor Market - Industry Life Cycle |
3.4 Latvia Mobile Air Compressor Market - Porter's Five Forces |
3.5 Latvia Mobile Air Compressor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Mobile Air Compressor Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Mobile Air Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Latvia leading to higher demand for mobile air compressors. |
4.2.2 Growing infrastructure development projects requiring portable air compressors for various applications. |
4.2.3 Adoption of advanced technologies and automation in the construction and industrial sectors driving the need for efficient mobile air compressors. |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting investment in construction projects and infrastructure development. |
4.3.2 Availability of alternative power sources or equipment affecting the demand for mobile air compressors. |
4.3.3 Stringent regulations related to emissions and noise levels for mobile equipment in Latvia. |
5 Latvia Mobile Air Compressor Market Trends |
6 Latvia Mobile Air Compressor Market, By Types |
6.1 Latvia Mobile Air Compressor Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mobile Air Compressor Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Mobile Air Compressor Market Revenues & Volume, By Reciprocating, 2021- 2031F |
6.1.4 Latvia Mobile Air Compressor Market Revenues & Volume, By Rotary, 2021- 2031F |
6.2 Latvia Mobile Air Compressor Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mobile Air Compressor Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Latvia Mobile Air Compressor Market Revenues & Volume, By Mining, 2021- 2031F |
6.2.4 Latvia Mobile Air Compressor Market Revenues & Volume, By Water well drilling, 2021- 2031F |
6.2.5 Latvia Mobile Air Compressor Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.6 Latvia Mobile Air Compressor Market Revenues & Volume, By Rental/plant, 2021- 2031F |
6.2.7 Latvia Mobile Air Compressor Market Revenues & Volume, By Manufacturing, 2021- 2031F |
7 Latvia Mobile Air Compressor Market Import-Export Trade Statistics |
7.1 Latvia Mobile Air Compressor Market Export to Major Countries |
7.2 Latvia Mobile Air Compressor Market Imports from Major Countries |
8 Latvia Mobile Air Compressor Market Key Performance Indicators |
8.1 Average utilization rate of mobile air compressors in construction projects. |
8.2 Number of new infrastructure projects requiring mobile air compressors. |
8.3 Adoption rate of energy-efficient mobile air compressor models. |
8.4 Maintenance frequency and downtime of mobile air compressors. |
8.5 Customer satisfaction and feedback on the performance and reliability of mobile air compressors. |
9 Latvia Mobile Air Compressor Market - Opportunity Assessment |
9.1 Latvia Mobile Air Compressor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Mobile Air Compressor Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Mobile Air Compressor Market - Competitive Landscape |
10.1 Latvia Mobile Air Compressor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mobile Air Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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